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Strengthening Southeast Alaska’s businesses — together
Strengthening Southeast Alaska’s businesses — together

Spruce Root is more than a lender — it’s a partner in building a resilient and thriving Southeast Alaska.  As a Native Community Development Financial Institution (CDFI), we provide financing, business coaching and financial wellness programs tailored to the unique needs of our region.  Our mission is to help entrepreneurs start and grow businesses that sustain local economies and uplift our communities. We do this through small business coaching, workforce development and career skills support, and financial programs to meet the unique needs of our region. 

Business Basics virtual participants learn how to root their business in their values
Business Basics virtual participants learn how to root their business in their values
Newsletter: Spring into a brighter future with Spruce Root
Newsletter: Spring into a brighter future with Spruce Root

Spring is a great reminder to take care of yourself, whether that’s through growing your business through workshops or lending, developing your career skills or increasing financial wellness understanding.  In this edition of the Spruce Root newsletter, learn more about our Resilience Circles program for Indigenous entrepreneurs, how to make personal finances less complicated and how young people are discovering climate-resilient jobs. 

 
 

Amount of financial capital deployed (loans and equity):

$190,138

Hours of technical assistance to clients in 2024:

 

Percent of Alaska Native participants on average across all programs: 60 percent

Goal #1: Resourcing—Southeast entrepreneurs and members of the workforce have access to the resources they need

  • # of TA hours provided to clients: 76

  • # of Southeast Alaska communities served as measured by communities where participants reside: 15

Level of client satisfaction: 4.65/5

15 Southeast Alaska communities served
as measured by communities where participants and clients reside.